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BESydney receives funding boost

The New South Wales (NSW) Government has committed to providing Business Events Sydney (BESydney) with an additional AUS $6 million funding over the next four years to help make Sydney the number one destination for major events in the country.

"We’re proud to contribute to NSW and will definitely play our part in realising the government’s vision of making Sydney the number one destination for major events in the country," said BESydney CEO, Lyn Lewis-Smith. "This commitment demonstrates that NSW understands how economies and communities can benefit from the high-yield business and tourism opportunities from hosting meetings and conferences. We’re excited about the redevelopment of Darling Harbour and the International Convention Centre Sydney (ICC Sydney)."

In 2014, business events contributed more than AUS $224 million in economic impact to the NSW economy from 78 previously secured conferences, conventions and incentive events held in Sydney. Over the past five years, events secured by BESydney have delivered an economic impact of almost $1bln to the NSW and Australian economies.

More than 20 events are already scheduled for the ICC Sydney, including the International Bar Association Annual Conference and the World Chambers Congress in 2017, and Sibos and the World Congress of Accountants in 2018.

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